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‘We are not satisfied’: Kohl’s stock tumbles amid slumping sales and gloomy forecast for 2024
The department store chain said its outlook for the full year is not great. To top it off, the company is losing its CEO. In the days before Thanksgiving, retail investors want reasons to be hopeful—after all,
Kohl's Stock Tumbles After Weak Results, CEO Departure News
KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.
Kohl’s stock sinks after another sales miss, as shoes and clothes remain weak
Kohl’s stock tanks after yet another sales miss, as the retailer’s core apparel and shoes businesses remain weak.
Kohl's shares slump on lowered annual sales forecast as holiday demand wanes
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a deal-heavy holiday shopping season.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
The Motley Fool on MSN
1d
Why Kohl's Stock Crashed 20% on Tuesday
At a P/E of 10 after its sell-off,
Kohl's
stock
looks cheap. Analysts forecast
Kohl's
would book $3.7 billion in sales ...
Money Morning
1d
Three Stocks: Best Buy, Kohl's and Constellation Energy
In September, Constellation stock jumped more that 40 percent in less than three weeks. The move came after announcing a ...
18h
Kohl’s downgraded to Neutral from Outperform at Baird
Baird downgraded Kohl’s (KSS) to Neutral from Outperform with a price target of $18, down from $25. The firm says ongoing pressure in Kohl’s ...
1d
Stock Of The Day: Kohl's Going Even Lower? Retailer Reports Revenue Way Below Expectations
Shares of Kohl's have broken long-term support. This comes after it reported earnings that were short of estimates.
2d
Is the Options Market Predicting a Spike in Kohl's (KSS) Stock?
Investors need to pay close attention to Kohl's (KSS) stock based on the movements in the options market lately.
18h
Kohl’s Financial Struggles Prompt Sell Rating Amid Challenging Sales Environment
In a report released today, Lorraine Hutchinson from Bank of America Securities reiterated a Sell rating on Kohl’s (KSS – Research Report), ...
1d
Kohl’s incoming CEO has a tough road ahead. Here’s why
Kohl's names Ashley Buchanan its new chief executive. An overview of challenges he will likely face as Kohl's CEO.
Yahoo
2d
Kohl’s Names New CEO Ahead of Earnings
Kohl’s
stock
fell in after-hour trading Monday following the department store’s announcement that CEO Tom Kingsbury is retiring at the end of the year. The company has named Ashley Buchanan ...
23h
What 4 Analyst Ratings Have To Say About Kohl's
Analysts' ratings for Kohl's KSS over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following ...
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Q3
Tom Kingsbury
Ashley Buchanan
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